The ancient whale, which built a warehouse of nearly 400,000 ETH in 2016, has sold more than 70,000 ETH worth $224 million

According to Lookonchain monitoring, a certain whale address accumulated 398,889 ETH (worth $2.4 million at the time) from January 18, 2016 to March 10, with an average price of only $6. After being dormant for more than 8 years, this whale address became active again on November 7 and began selling ETH. So far it has sold 73,356 ETH (approximately $224 million), leaving a balance of 325,533 ETH (approximately $1.1 billion).